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2022
Flag → Flag
Exports $11.9MRnk 55 / 194
2022
Flag → Flag
Top Product $10.5MPackaged Medicaments
2022
Flag → Flag
Exports $6.37MRnk 118 / 156
2022
Flag → Flag
Top Product $1.29MBeer
2022
Flag
Economic Complexity (ECI) ECI 1.08Rnk 25 / 133
2022
Flag  
GDP$28.4BCURRENT US$
Rnk 105 / 186
2012-2022
Flag
GDP GROWTH13.5%CURRENT US$
Rnk 138 / 186
2022
Flag
 GDP$1.41TCURRENT US$
Rnk 14 / 186
2012-2022
Flag
GDP GROWTH17.7%CURRENT US$
Rnk 127 / 186
2022
Flag
GDP PC $31,284CURRENT US$
Rnk 36 / 186
2012-2022
Flag
GDP PC GROWTH7.9%CURRENT US$
Rnk 123 / 186
2022
Flag
GDP PC$11,091CURRENT US$
Rnk 74 / 186
2012-2022
Flag
GDP PC GROWTH6.89%CURRENT US$
Rnk 126 / 186

About

Cyprus-Mexico Trade: In 2022, Cyprus exported $11.9M to Mexico. The main products that Cyprus exported to Mexico were Packaged Medicaments ($10.5M), Video Displays ($457k), and Plastic Pipes ($375k). Over the past 5 years the exports of Cyprus to Mexico have increased at an annualized rate of 24.1%, from $4.04M in 2017 to $11.9M in 2022.

In 2019, Cyprus exported services to Mexico worth $1.12M, with Financial services ($1.12M) being the largest in terms of value.

Mexico-Cyprus Trade: In 2022, Mexico exported $6.37M to Cyprus. The main products that Mexico exported to Cyprus were Beer ($1.29M), Orthopedic Appliances ($960k), and Industrial Fatty Acids, Oils and Alcohols ($915k). Over the past 5 years the exports of Mexico to Cyprus have decreased at an annualized rate of 1.05%,  from $6.71M in 2017 to $6.37M in 2022.

In 2022, Mexico did not export any services to Cyprus.

Comparison In 2022,  Cyprus ranked 125 in total exports ($4.91B), and does not have data regarding Economic Complexity Index. That same year, Mexico ranked 25 in the Economic Complexity Index (ECI 1.08), and 10 in total exports ($549B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Cyprus exported $11.9M to Mexico. The main products exported from Cyprus to Mexico were Packaged Medicaments ($10.5M), Video Displays ($457k), and Plastic Pipes ($375k). During the last 5 years the exports of Cyprus to Mexico have increased at an annualized rate of 24.1%, from $4.04M in 2017 to $11.9M in 2022.

In 2017, Mexico exported $6.37M to Cyprus. The main products exported from Mexico to Cyprus were Beer ($1.29M), Orthopedic Appliances ($960k), and Industrial Fatty Acids, Oils and Alcohols ($915k). During the last 5 years the exports of Mexico to Cyprus have decreased at an annualized rate of 1.05%, from $6.71M in 2022 to $6.37M in 2017.

Exports from Cyprus (Flag) to Mexico (Flag) (2022)

Exports from Mexico (Flag) to Cyprus (Flag) (2022)

Latest Data

Trade between Cyprus (Flag) and Mexico (Flag)

Cyprus Exports

Mexico Exports

Market Competitiveness

Color
Cyprus
Top DestinationHong Kong$482M
Mexico
Top DestinationUnited States$421B

This map shows whether countries import more from Cyprus or Mexico. Each country is colored based on the difference in imports they receive from Cyprus and Mexico or the difference in the growth in imports.

In 2022, countries that imported more from Cyprus than Mexico included Greece ($471M), Liberia ($255M), and Lebanon ($329M).

In 2022, countries that imported more from Mexico than Cyprus included United States ($421B), Canada ($22.2B), and China ($12.7B).

Difference in imports from Mexico (Flag) and Cyprus (Flag) (2022)

Comparative Advantage Cyprus - Mexico

Flow
Scale

This chart compares trade between Cyprus and Mexico by product, considering products traded by both, Cyprus and Mexico.

During 2022, Cyprus had a large net trade with Mexico in the exports of Chemical Products ($10.5M), Machines ($651k), and Plastics and Rubbers ($375k).

During 2017, Mexico had a large net trade with Cyprus in the exports of Foodstuffs ($1.94M), Machines ($1.64M), and Instruments ($1.16M).

Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of Cyprus and Mexico. This means that a dot/product with the flag of Cyprus indicates it has a comparative advantage over Mexico. Similarly, a dot/product with the flag of Mexico indicates it has a comparative advantage over Cyprus.

Product Space of Cyprus (Flag) and Mexico (Flag) (2022)

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